Reliance still have way more to fallWait for good entry point to get long on reliance industries good luck
BSE
NIFTY 50 BUDGET VIEW-POSITIONAL SELLHI EVERYONE!
I EXPECT HUGE FALL ON FEB MONTH AFTER BUDGET NEWS (FEB 1)
TARGET-11150
WEEKLY TIME FRAME
THANK YOU!
HAPPY TRADING!
CHEERS!
Look at the trend line ! Seems LT will touch 1050 soon !!!LT Weekly trend chart !
If #market #trend and fear continues for few days due to #Corona Virus, #LT will soon touch the nearest trend line that is around @1050.
Will continue short position till target @1050 with a stop loss price @1200
Cheviot Company a good company to hold for long term investor The company will get good benefit of plastic ban in India s company is dealing with Jute bags. Hold for long term will surely be multibagger stock. Good luck
Engineers India will flyWith great earnings and dividend payout Engineers India has bottomed out grab it in every dip. Good luck
Polycab looks good for buyVery nice setup for a market leader company am looking for new high in this stock soon. Good luck
Easy 2R TradeConfluence of Trendline & Horizontal support
Horizontal support has been retested already.
This should prove to be a quick 2R
Breaking out of Ascending Triangle. New ATH expected soonIn Ascending triangle making higher LOWs approaching previous ATH. I expect this to break out & make new ATH.
KPITTECH seems ready for next leg upIT stocks have been doing well recently. KPITTECH here has broken its downtrend. Retested the trendline as support. Looks ready for next leg up.
Clear uptrend. Now getting Support of 55 EMAABBOTINDIA has been in a catch-worthy uptrend. Those who are looking to enter have an opportunity here. Stock is finding support from 55 EMA. SL is 1 ATR below 55 EMA.
3R Trade - Trendline + Horizontal support confluenceGood RR opportunity.
I love it when I find a confluence between Trendline & horozontal support. High success rate in such trades.
Good Zone to EnterIn clear uptrend since 2013.
Started retracing in 2018 & that down Trendline has been broken. Previous resistance of 540 has been turned into support.
Good entry point for a swing trade as well as investment purpose.
Higher Low in consolidation range....LONGPetronet is in clear uptrend on weekly TF.
On Daily TF, it is consolidating in a range. Now has made a higher low with a strong Bullish Engulfing yesterday.
I am long. Target has been set as per classical charting rules i.e. equal to max width of ascending triangle.
indian oil corporation support trend line break. new downtrend ?indian oil corporation break the long supported trend line now price is moving downward ..
price near support so small bounce can
selling pressure is really high
CIPLA Price Near Resistanceprice touching 480 - 485 region and if you take a look at RSI it is very bullish and no bearish divergence till now so after confirmation of breakout we can enter in this trade
HSCL a good buy for long termAs I can see HSCL is trading at a very attractive price one can buy at current level and accumulate at every dip for good profit. My long term target can be seen here. Thanks
Sensex Index UP Coming Trend Analysis Hi
we believe that there exist a Three Drive Pattern for which it takes few days to complete and then we have a bearish retracement for which we may Short the Market.
The Fundamental analyses are base on the current Oil Price and problems in Middle East and as we have analysed the NIFTY, we can conclude there is a upcoming Bearish Trend as the Oil Pries may go Higher so the companies should face the Demand issues and their productivity comes down so their stock price...
Best of Luck
Trade Sensibly
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